Deal Details
NREF Completes $42 Million Follow-On Offering
Summary
NexPoint Real Estate Finance, Inc. (“NREF” or the “Company”) (NYSE: NREF) recently completed a follow-on offering of 2,000,000 shares of common at a price of $21.00 per share, generating gross proceeds of approximately $42.0 million. The Company intends to use the proceeds to repay debt outstanding and to make attritional investments.
Baird served as an active book-runner on this offering.
About
NexPoint Real Estate Finance, Inc. is a REIT that is focused on originating, structuring, and investing in first-lien mortgage loans, mezzanine loans, preferred equity and common stock, as well as multifamily CMBS securitizations. NexPoint Real Estate Finance’s primary investment objective is to generate attractive, risk-adjusted returns for stockholders over the long term, primarily through dividends and secondarily through capital appreciation.CONTACT US TO LEARN MORE
- Date
- August 2021
- Company
- NexPoint Real Estate Finance, Inc.
- Transaction
- Equity Capital Markets
- Sectors
- Real Estate
- Verticals
-
Real Estate
- Target Geography
- North America
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